Whether your company is implementing an ERP system for the first time, or replacing a legacy implementation, it’s critically important to make the right choice. Let’s explore the best practices for ERP vendor selection.
The enterprise software selection process is a long and complicated process – for several good reasons. The solution you choose will affect the way you conduct business for years to come, and it will impact virtually every function. It’s a significant investment, too. And with as much as 50% ERP implementations failing to achieve their goals, it’s critical to find a solution suited to your business and its unique needs.
We have all heard the stories about the auto industry over the last 5 years. The decline in auto sales greatly depressed ERP aspirations of automotive. But things change. At Ultra Consultants we are seeing an increase in auto industry interest in ERP solutions. The Tier I, II, and III auto suppliers are beginning to look at modern ERP solutions to help improve business processes.
With the rise of cloud-based software, companies shopping for ERP are now faced with an additional consideration – deployment method. Choosing between installing cloud vs. on premise ERP can be a difficult decision for companies, and there are advantages and disadvantages to each option. Here’s a brief comparison of cloud vs on premise ERP deployment, including the difference between each, pros and cons, as well as some indicators as to which option is better for your company.
For the manufacturer, it’s a challenge to form a solid feel for the capabilities a vendor’s system before an ERP demo is even scheduled. The manufacturer must be well informed as to the features and functions of a vendor’s proposed solution, as well to their approach to implementation. The team must also develop a good understanding of the vendor’s company, approach to technology, services, industry expertise and other background to make a meaningful decision.
Industrial manufacturers face complex business challenges. It’s always been difficult to effectively manage parts, production, people and products. And, today it’s even harder.
Plan, measure, and deliver business performance and profitability improvements to manufacturers & distributors, using our deep industry expertise and proven methodology.
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